Pet smart tracker Market By Pet Type, By Technology, By Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: PET SMART TRACKER MARKET, BY PET TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Dogs
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Cats
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country

CHAPTER 5: PET SMART TRACKER MARKET, BY TECHNOLOGY
5.1 Overview
5.1.1 Market size and forecast
5.2 RFID
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 GPS
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4 Others
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country

CHAPTER 6: PET SMART TRACKER MARKET, BY DISTRIBUTION CHANNEL
6.1 Overview
6.1.1 Market size and forecast
6.2 Offline
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Online
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country

CHAPTER 7: PET SMART TRACKER MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Pet Type
7.2.3 North America Market size and forecast, by Technology
7.2.4 North America Market size and forecast, by Distribution Channel
7.2.5 North America Market size and forecast, by country
7.2.5.1 U. S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Pet Type
7.2.5.1.3 Market size and forecast, by Technology
7.2.5.1.4 Market size and forecast, by Distribution Channel
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Pet Type
7.2.5.2.3 Market size and forecast, by Technology
7.2.5.2.4 Market size and forecast, by Distribution Channel
7.2.5.3 Mexico
7.2.5.3.1 Key market trends, growth factors and opportunities
7.2.5.3.2 Market size and forecast, by Pet Type
7.2.5.3.3 Market size and forecast, by Technology
7.2.5.3.4 Market size and forecast, by Distribution Channel
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Pet Type
7.3.3 Europe Market size and forecast, by Technology
7.3.4 Europe Market size and forecast, by Distribution Channel
7.3.5 Europe Market size and forecast, by country
7.3.5.1 U. K.
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Pet Type
7.3.5.1.3 Market size and forecast, by Technology
7.3.5.1.4 Market size and forecast, by Distribution Channel
7.3.5.2 France
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Pet Type
7.3.5.2.3 Market size and forecast, by Technology
7.3.5.2.4 Market size and forecast, by Distribution Channel
7.3.5.3 Netherlands
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Pet Type
7.3.5.3.3 Market size and forecast, by Technology
7.3.5.3.4 Market size and forecast, by Distribution Channel
7.3.5.4 Germany
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Pet Type
7.3.5.4.3 Market size and forecast, by Technology
7.3.5.4.4 Market size and forecast, by Distribution Channel
7.3.5.5 Turkey
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Pet Type
7.3.5.5.3 Market size and forecast, by Technology
7.3.5.5.4 Market size and forecast, by Distribution Channel
7.3.5.6 Rest of Europe
7.3.5.6.1 Key market trends, growth factors and opportunities
7.3.5.6.2 Market size and forecast, by Pet Type
7.3.5.6.3 Market size and forecast, by Technology
7.3.5.6.4 Market size and forecast, by Distribution Channel
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Pet Type
7.4.3 Asia-Pacific Market size and forecast, by Technology
7.4.4 Asia-Pacific Market size and forecast, by Distribution Channel
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Pet Type
7.4.5.1.3 Market size and forecast, by Technology
7.4.5.1.4 Market size and forecast, by Distribution Channel
7.4.5.2 Japan
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Pet Type
7.4.5.2.3 Market size and forecast, by Technology
7.4.5.2.4 Market size and forecast, by Distribution Channel
7.4.5.3 India
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Pet Type
7.4.5.3.3 Market size and forecast, by Technology
7.4.5.3.4 Market size and forecast, by Distribution Channel
7.4.5.4 South Korea
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Pet Type
7.4.5.4.3 Market size and forecast, by Technology
7.4.5.4.4 Market size and forecast, by Distribution Channel
7.4.5.5 Australia
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Pet Type
7.4.5.5.3 Market size and forecast, by Technology
7.4.5.5.4 Market size and forecast, by Distribution Channel
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Key market trends, growth factors and opportunities
7.4.5.6.2 Market size and forecast, by Pet Type
7.4.5.6.3 Market size and forecast, by Technology
7.4.5.6.4 Market size and forecast, by Distribution Channel
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Pet Type
7.5.3 LAMEA Market size and forecast, by Technology
7.5.4 LAMEA Market size and forecast, by Distribution Channel
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Pet Type
7.5.5.1.3 Market size and forecast, by Technology
7.5.5.1.4 Market size and forecast, by Distribution Channel
7.5.5.2 South Africa
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Pet Type
7.5.5.2.3 Market size and forecast, by Technology
7.5.5.2.4 Market size and forecast, by Distribution Channel
7.5.5.3 United Arab Emirates
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Pet Type
7.5.5.3.3 Market size and forecast, by Technology
7.5.5.3.4 Market size and forecast, by Distribution Channel
7.5.5.4 Rest of LAMEA
7.5.5.4.1 Key market trends, growth factors and opportunities
7.5.5.4.2 Market size and forecast, by Pet Type
7.5.5.4.3 Market size and forecast, by Technology
7.5.5.4.4 Market size and forecast, by Distribution Channel

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Players
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 Avid Identification Systems, Inc.
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Datamars
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Dynotag
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Felcana
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Jiobits
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Loc8tor Ltd.
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Whistle Labs, Inc.
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 High Tech Pet Products
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Otto Petcare
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Num’Axes /EYENIMAL
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments

Executive Summary

According to this report, titled, 'Pet smart tracker Market,' the pet smart tracker market size was valued at $938.90 million in 2021, and is estimated to reach $2.6 billion by 2031, growing at a CAGR of 10.3% from 2022 to 2031.

Due to expanding consumer disposable income, the pet smart tracker market is growing at a rapid pace. Rise in number of nuclear households, rapid humanization of pets, and increased awareness about pet health are the primary drivers for the global pet smart tracker market. However, rising issues about data security and privacy are projected to hinder the market growth to some extent. Furthermore, increased e-commerce sales and increasing pet ownership in developing countries provide opportunities for the global industry.

Due to the increase in pet ownership in various locations, several international corporations have developed a foothold in those areas during the last few years. They have extended their presence through manufacturing plant or distribution facilities.

The COVID-19 pandemic influenced the expansion of the pet smart tracker market in both positive and negative ways. The supply chain disruption had an adverse influence on the market, while the rise in pet adoption had a favorable impact.

According to the pet smart tracker market analysis, the global market is segmented into pet type, technology, distribution channel, and region. Based on pet type, the market is classified into dogs and cats. Among these, the dog's segment occupied the major share of the market in 2021, and is projected to maintain its dominance during the forecast period. The growth of the dogs segment is attributed to the growing population of dogs and thereby their adoption as pets all over the globe. According to American Veterinary Medical Foundation (AVMF), dogs were owned by 45% of households in 2020, up from 38% at the end of 2016. Last year, the expected number of pet dogs was between 83.7 million and 88.9 million, growing 9%-16% from year-end 2016. However, the cat segment is anticipated to grow at the highest CAGR during the forecast period.

Depending on the technology, the market is bifurcated into RFID, GPS, and others. Among these, the GPS occupied the market's major pet smart tracker market share in 2021 and is projected to maintain its dominance during the market forecast period. The demand for pet monitoring and security is growing, resulting in the expansion of this segment. GPS-based devices aid in the tracking of stolen dogs since they provide real-time location information. In addition, pet tracking is gaining traction with two-way communication via software platforms and connected devices. Thus, these pet innovative tracker market trends are driving the market growth.

As per the distribution channel, the market is categorized into offline and online. The online segment is anticipated to grow at the highest CAGR during the forecast period due to the rise in internet penetration and usage of smartphones & tablets.

In 2021, North America held the largest share of the global pet smart tracker market and is expected to maintain its dominance during the forecast period. However, Asia-Pacific is expected to possess the highest CAGR, owing to the rise in health concerns among people about pets and the popularity of pet smart trackers in the region.

Global pet smart tracker market growth has accelerated owing to population expansion and urbanization. The surge in pet humanization has resulted in a rise in pet ownership. As a result, people gravitate toward premium pet products to minimize any health risks to their pets. It also provides lucrative prospects for market players to create high-end items related to pets' health, allowing them to obtain a significant market share.

The major players analyzed for the global pet smart tracker industry are High Tech Pet Products Inc., Life360 Inc., Kippy SRL, Smart Tracking Technologies Co., Num’Axes-Eyenimal, Pawscout Inc., PetPace LLC, PitPatPet Ltd., Shenzhen Motto Electronics Co. Ltd., and Tractive. These major market players have adopted various strategies, such as product launches and acquisitions, to expand their market reach.

KEY FINDINGS OF THE STUDY

By pet type, the dog's segment was the highest revenue contributor to the market, with $585.8 million in 2021, and is estimated to reach $1,562.3 million by 2031, with a CAGR of 10.0%.

Based on technology, the GPS segment was the highest revenue contributor to the market, with $510.4 million in 2021, and is estimated to reach $1,365.4 million by 2031, with a CAGR of 10.0%.

As per the distribution channel, the offline segment was the highest revenue contributor to the market, with $539.6 million in 2021, and is estimated to reach $1,427.2 million by 2031, with a CAGR of 9.9%.

Region-wise, North America was the highest revenue contributor, accounting for $326.7 million in 2021, and is estimated to reach $930.4 million by 2031, with a CAGR of 10.7%.

Companies Mentioned

• Avid Identification Systems, Inc.
• Datamars
• Dynotag
• Felcana
• Jiobits
• Loc8Tor Ltd.
• Whistle Labs, Inc.
• High Tech Pet Products
• Otto Petcare
• Num’Axes /Eyenimal

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.